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The Benefits of Whole Life Insurance

Whole Life Insurance – Father and daughter laughing together

Imagine if you didn’t have car insurance and got into an accident. That’s a scary and expensive encounter. Likewise, having renter’s or homeowner’s insurance is crucial in the event of some unfortunate event. Insurance provides peace of mind by protecting you financially from things you don’t expect.

Life insurance is no different, and is just as important as a source of protection and security.

Gerber Life Whole Life insurance provides that ultimate peace of mind. You can rest assured that your family will have financial protection if you’re no longer around. It’s designed for adults aged 18 to 70, and it’s easy for anyone to apply for a policy.

Not sure if whole life insurance is right for you? Here are the top five benefits of whole life insurance for you to consider:

1. Financial protection against the uncertainties of life

You can’t always control what the future holds, but you can be prepared. In a scenario where you are not here, your coverage amount (the payout money) could help your loved ones to cover the cost of rent or mortgage payments, car payments, education expenses, credit card debt, even groceries and utility bills.

2. The opportunity to build cash value

Your Gerber Life Whole Life Plan will accumulate “cash value” over time. Cash value is the current total of the money that Gerber Life sets aside with every monthly premium payment. As long as you make your regular premium payments, your policy’s cash value builds up steadily over the years, like a little nest egg for the future.

3. Access to ready cash in case of need or emergency

Even if you plan and prepare, emergencies can happen. Fortunately, Gerber Life Whole Life insurance can help you and your family in the event of the unexpected. As long as the premiums are paid, you can borrow* against the available cash value of the policy. It’s a great extra level of protection if you ever were to lose your job or encounter a big unanticipated expense and need some extra cash. 

4. Locked-in premium rate that never goes up during your lifetime

In addition to the security that Gerber Life provides, you can also rest assured that your policy’s premium will never change for any reason unless you decide to adjust the coverage amount. The rate you lock in is based on your age when the policy starts, so the sooner you apply, the lower the premium!

5. Lifelong protection, even if your job or health change

You work too hard to be blindsided by an unanticipated event. Whole life insurance benefits can provide financial coverage throughout the course of your life. Even if your job, employer or health change along the way, your policy and premiums remain the same.

As a reminder, the Gerber Life Guaranteed Life Plan is another great whole life insurance option for adults from 50 to 80 years old. All you need to do is apply for this policy. Your acceptance is guaranteed, regardless of your health history – no medical exams, no health questions.

We’re here to make it easy and affordable for you to protect your family financially. Start with your free whole life insurance quote or call 1-800-425-7542 and we’ll help you find the policy that best fits your needs.

* Policy loan interest rate is 8 percent.

"Insurance provides peace of mind by protecting you financially from things you don’t expect."

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